Xplore: Raises $16.2M in Funding

Xplore Raises $16.2M in Funding

  • Xplore, a Redmond, WA-based space data as a service company, raised $16.2M in funding
  • The company intends to use the funds to accelerate growth, and expand operations, team and product development
  • The company  offers Space as a Service®, providing data as a service, sensors as a service and satellites as a service to collect data from space that provides commercial, intelligence and climate solutions for its customers
  • The company is accelerating hardware development of the Xcraft, its satellite data collection platform, at its 22,000 sq ft satellite manufacturing facility in Redmond
  • To date, the company has completed milestones on contracts from the U.S. Air Force, NOAA, NASA Jet Propulsion Laboratory, and other customers
  • The company has multiple flight programs in progress and is currently recruiting innovative space professionals
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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